Redwood Global Limited

Redwood Global Limited is a large company based in Andover, UK, operating as a holding company with an active status. Founded eleven years ago in March 2014, it employs eighty-eight people and holds assets totaling £16,686,109. The company, with two directors and one owner, regularly imports and exports machinery, boilers, and mechanical appliances; parts, with nineteen months of import activity and 235 months of export activity. Its address is real, with only two companies registered at the same address.

The company’s website, usedwoodchippers.com, reveals a focus on the sale and hire of used wood chippers, as well as the manufacture of new ones under the Forst brand. It’s a dual business: a retail operation selling used equipment and a manufacturing arm producing new chippers. The site highlights the company's expertise in forestry equipment, with a focus on quality and customer service. It also features a blog with useful information about wood chippers and safety.

Financially, Redwood Global Limited presents a mixed picture. Current assets decreased by 18% to £17,000,000, while net assets dropped 9.7% to £9,300,000. Bank borrowings decreased by 7.1% to £830,000, and cash reserves fell 36% to £3,400,000. Creditors decreased by 17%, suggesting improved debt management. The company meets two of three criteria to be considered a large company: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The decrease in cash reserves and net assets could be attributed to increased investment in the Forst brand or expansion of operations. With no auditor mentioned, the financial statements are unaudited.

Overall, Redwood Global Limited appears to be a stable, albeit somewhat challenged, business. Its dual focus on used equipment sales and new equipment manufacturing provides diversification, but the financial results indicate a need for careful management to ensure long-term success.

Registered in England/Wales under the registration number 08961680, with a registered address at SP10 5NS, Andover, Hampshire, Walworth Business Park, 86 Livingstone Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.